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Home - News - Yuefeng new Materials revenue increased by nearly 30% in the first half of the overseas aluminum mold business growth

Yuefeng new Materials revenue increased by nearly 30% in the first half of the overseas aluminum mold business growth

August 21, 2023
On August 19, Yuefeng New Materials disclosed the semi-annual report of 2023. In the first half of the year, the company has always implemented the "1+N" service strategy model, actively laid out capacity construction, expanded product categories, maintained steady development of business operations, and achieved operating income of 1,011.6710 million yuan, an increase of 29.42% year-on-year, mainly due to the steady growth of domestic mold business, the rapid growth of overseas aluminum mold business, and the increase in the production and sales of assembled PC components. The overall business scale maintained steady growth; Attributable to the listed company's net profit of 35.5422 million yuan, down 49.79% year-on-year, mainly due to the Guangdong Provincial Department of Housing and Construction issued technical reform requirements for the construction of the protection platform, the revenue of the external rental business of the protection platform decreased during the reporting period, but the cost was depreciated according to the number of years, and the scale of prefabricated PC products based on the sales model increased. The gross profit is lower than that of aluminum mold leasing business; At the same time, the company raised 614.033 million yuan by issuing convertible corporate bonds in the first half of the year, and the corresponding financial interest expense was higher in the current period.
Since its establishment, the company has always attached importance to technology research and development, and has been recognized as a national high-tech enterprise for many years, creating a technical and experienced R & D team. While carrying out research and development work, the company continues to strengthen the layout of intellectual property rights. As of June 30, the company and its subsidiaries had a total number of 264 intellectual property rights, including 219 utility model patents, 15 design patents, 3 invention patents, and 27 software Copyrights, which have been effectively applied to the design, production and application process of the company's products.
The company's technical competitiveness is highlighted in keeping up with customer and market demand, able to quickly respond to customers and provide high-quality design solutions, product design standardization, high degree of precision; The company has developed its own information software system for the whole process. Among the core technologies of the company, the independent aluminum template molding software used in the design stage of template components, the GETO-BIM backing automation system in the design stage of reinforced components, the Chite 3D modeling software in the deepening stage of three-dimensional models, and the backing and processing diagram software in the drawing design stage are all independently developed by the company. And all have obtained software copyright, R & D, design information degree is high.
Yuefeng new Material said that the company is committed to building a mold industry brand, the implementation of domestic, market dual drive and major customer strategy, in the industry has a greater brand influence and good reputation, has been highly recognized by the government, associations and partners.
(www.profiles-aluminum.com; sales@profiles-aluminum.com).